Wall Street Journal Total Fail: Stephen Moore Takes a Weighted Average of 2% and 48% and Gets 50%

Why oh why can't we have a better press corps? We will see if anybody at the Wall Street Journal is honorable enough to run a retraction and a correction.

There is literally nothing these people can do or say that will lose them their megaphone, is there?

Stephen Moore: Federal workers on balance still receive much better benefits and pay packages than comparable private sector workers, the Congressional Budget Office reports. The report says that on average the compensation paid to federal workers is nearly 50% higher than in the private sector, though even that figure understates the premium paid to federal bureaucrats. CBO found that federal salaries were slightly higher (2%) on average, while benefits -- including health insurance, retirement and paid vacation -- are much more generous (48% higher) than what same-skilled private sector workers get…

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Wall Street Journal Total Fail: Stephen Moore Takes a Weighted Average of 2% and 48% and Gets 50%

Why oh why can't we have a better press corps? We will see if anybody at the Wall Street Journal is honorable enough to run a retraction and a correction.

There is literally nothing these people can do or say that will lose them their megaphone, is there?

Stephen Moore: Federal workers on balance still receive much better benefits and pay packages than comparable private sector workers, the Congressional Budget Office reports. The report says that on average the compensation paid to federal workers is nearly 50% higher than in the private sector, though even that figure understates the premium paid to federal bureaucrats. CBO found that federal salaries were slightly higher (2%) on average, while benefits -- including health insurance, retirement and paid vacation -- are much more generous (48% higher) than what same-skilled private sector workers get…